21 Macleod Parade, Macleod, Vic 3085

$1,200,000

House
Type
6
Bedrooms
2
Bathrooms
2
Parkings
983 m²
Area

Published on Friday, June 26, 2026 ( See property details for 21 Macleod Parade, Macleod, Vic 3085)

$1,200,000

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A versatile property in Macleod offering substantial land, income streams, and development potential in a prime location.

🏡 Property Highlights

  • Substantial landholding of approximately 983sqm with a 20m frontage
  • Potential for multi-unit development (STCA) in a highly convenient location
  • Existing income-generating properties including a 1950s home, bungalow, and renovated villa
  • No easements on the block, offering flexible development options
  • Close proximity to Macleod Village shops, cafes, and local services
  • Easy access to Macleod Station and public transport for convenient commuting

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Home Office / Study
  • Ensuite
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • Pet-Friendly
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21
Macleod, VIC 3085
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21 — Vertical Aerial  •  Macleod, VIC 3085  •  Nearmap © 2026

Macleod is a vibrant suburb renowned for its convenient access to local shops, cafes, and parks. It offers excellent public transport links, including Macleod Station, and is close to reputable schools like Macleod College. The area boasts a strong community feel with nearby parklands, sporting facilities, and easy access to major hospitals and La Trobe University. This suburb combines lifestyle convenience with promising development prospects, making it ideal for investors and families alike.

What is the current condition of the existing homes on the property?
The property includes a 1950s front home, a separate 1-bedroom bungalow, and a renovated 2-bedroom villa, all in habitable condition with potential for further updates.
Is the property suitable for multi-unit development?
Yes, the large landholding with 20m frontage and no easements makes it an ideal site for multi-unit development, subject to council approval.
What are the income opportunities from the property?
The existing homes are currently leased, providing immediate rental income while planning for future development.
What amenities are nearby?
The property is close to Macleod Village shops, cafes, local services, Macleod Park, sporting facilities, schools including Macleod College, and public transport options.
Are there any planning restrictions or easements on the land?
There are no easements on the block, offering maximum flexibility for development plans.
Are there any planning or zoning restrictions that could affect development plans? Have any building or planning permits been previously approved or applied for? Are there any known issues with the existing structures, such as pests or structural defects? Is there any history of flooding or bushfire risk in the area? Are there any upcoming council or community developments that could impact the property’s value or use? What are the total costs involved in obtaining development approval and permits? Are there any strata or community title considerations if subdividing or developing? Is there any ongoing maintenance or repair required for the existing homes? Are there any restrictions on renting out the properties long-term or short-term? What are the zoning regulations and potential easements that could impact future development?

21 Macleod Parade, Macleod, Vic 3085 - More Details

$1,200,000

Type
House
Bedrooms
6
Bathrooms
2
Parkings
2
Area
983 m²

Price guide

View Statement Of Information

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Interactive Property Floorplan - 21 Macleod Parade, Macleod, Vic 3085

21 Macleod Parade, Macleod, Vic 3085
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